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(STARCEMENT) Star Cement complete technical analysis [charts+indicators] | Buy/Sell Star Cement | (STARCEMENT) share price targets

Complete technical analysis of Star Cement (STARCEMENT) by charts plus indicators, forecast predictions and share price targets for Star Cement (STARCEMENT)

Showing technical analysis as on 2024-06-03 View latest technical analysis

10 day averaged volume of Star Cement is 1944712

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	215.15	216.00	219.95	213.20	0.184 times
31 Fri May 2024	212.60	215.00	216.00	211.10	0.126 times
30 Thu May 2024	213.40	217.50	217.50	211.95	0.141 times
29 Wed May 2024	217.75	216.50	219.50	215.00	0.213 times
28 Tue May 2024	216.45	216.90	218.25	211.70	0.471 times
27 Mon May 2024	215.35	220.00	222.90	213.75	0.498 times
24 Fri May 2024	216.50	221.85	223.60	214.50	0.845 times
23 Thu May 2024	220.10	234.00	242.40	218.35	1.953 times
22 Wed May 2024	235.95	245.00	256.00	232.30	3.951 times
21 Tue May 2024	244.75	230.00	246.80	225.00	1.763 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 213 as stoploss in an intra day buy trade for a target of 220.76. However, stock will show a bearish move below 213.

Share price targets for Star Cement (STARCEMENT)

Target Type	Value
Downside Target	181.00
Downside Target	211.10
Upside Target	219.50
Upside Target	219.95
Upside Target	222.90
Upside Target	227.00
Upside Target	238.95
Upside Target	240.75
Upside Target	241.70
Upside Target	256.00

Intraday share price targets for Star Cement (STARCEMENT)

Target Type	Value
Downside Intraday Target	212.25
Downside Intraday Target	209.35
Upside Intraday Target	219
Upside Intraday Target	222.85
Upside Intraday Target	216.1

Weekly technical analysis of Star Cement (STARCEMENT)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	215.15	216.00	219.95	213.20	0.127 times
31 Fri May 2024	212.60	220.00	222.90	211.10	0.17 times
24 Fri May 2024	216.50	230.00	256.00	214.50	11.16 times
18 Sat May 2024	225.55	219.00	227.00	215.20	0.851 times
10 Fri May 2024	219.00	236.95	238.95	213.05	0.291 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Star Cement (STARCEMENT)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	215.15	216.00	219.95	213.20	0.015 times
31 Fri May 2024	212.60	239.65	256.00	211.10	2.068 times
30 Tue Apr 2024	237.20	227.50	240.75	214.10	0.895 times
28 Thu Mar 2024	227.55	208.90	241.70	181.00	0.508 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Star Cement (STARCEMENT)

Price action analysis of Star Cement ( (STARCEMENT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Star Cement ( (STARCEMENT) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Star Cement ( (STARCEMENT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Star Cement stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Star Cement in short term and the sell signal is strong.

Star Cement Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Star Cement in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Star Cement is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 229.53 and Star Cement (STARCEMENT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Star Cement (STARCEMENT) stock. Volume based technical analysis of Star Cement (STARCEMENT) stock is negative.

Star Cement Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.